Masco Co. (NYSE:MAS) Receives $86.27 Consensus Price Target from Analysts

Shares of Masco Co. (NYSE:MAS) have been given an average rating of “Moderate Buy” by the fourteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $86.04.

A number of research analysts have commented on the stock. UBS Group increased their price objective on shares of Masco from $89.00 to $94.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Oppenheimer upgraded Masco from a “market perform” rating to an “outperform” rating and set a $89.00 price target for the company in a research note on Friday, January 10th. Loop Capital upped their price objective on Masco from $76.00 to $87.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. Barclays reduced their target price on Masco from $93.00 to $84.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Finally, StockNews.com downgraded Masco from a “buy” rating to a “hold” rating in a report on Friday, November 15th.

Hedge Funds Weigh In On Masco

Several hedge funds and other institutional investors have recently modified their holdings of MAS. Farther Finance Advisors LLC boosted its stake in Masco by 6.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,031 shares of the construction company’s stock valued at $170,000 after purchasing an additional 128 shares during the period. WCM Investment Management LLC boosted its position in shares of Masco by 0.3% during the third quarter. WCM Investment Management LLC now owns 44,940 shares of the construction company’s stock worth $3,756,000 after buying an additional 132 shares during the period. Metis Global Partners LLC grew its holdings in Masco by 1.9% in the 3rd quarter. Metis Global Partners LLC now owns 7,031 shares of the construction company’s stock worth $590,000 after buying an additional 133 shares in the last quarter. Allworth Financial LP increased its position in Masco by 17.3% in the 4th quarter. Allworth Financial LP now owns 901 shares of the construction company’s stock valued at $71,000 after acquiring an additional 133 shares during the period. Finally, Equitable Trust Co. raised its stake in Masco by 1.7% during the 4th quarter. Equitable Trust Co. now owns 8,089 shares of the construction company’s stock valued at $587,000 after acquiring an additional 136 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Stock Performance

Masco stock opened at $77.27 on Monday. Masco has a 52 week low of $63.81 and a 52 week high of $86.70. The company has a current ratio of 1.83, a quick ratio of 1.21 and a debt-to-equity ratio of 20.74. The stock has a market cap of $16.67 billion, a P/E ratio of 20.55, a price-to-earnings-growth ratio of 2.13 and a beta of 1.25. The stock has a 50 day moving average of $76.70 and a 200-day moving average of $78.59.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.